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16 acres Auction

Decatur County, Iowa

06-12-2019 2:00 PM

Rosa Matthews Auction

Auction Location

Online Only

Listing No.: DDA - 25152

Date: 06-12-2019
Bidding Ends: 2:00 PM

1301 SE Poplar Street
Leon, IA 50144
Bidding Online Only, Acreage

Bid Online

Directions to Farm

From Leon head east onto E 1st Street for 0.2 miles. Turn right on SE Popular Street for 0.9 miles. House will be on your left.

Auction Details

This is a Timed Online Auction. You will have from now till 2PM on June 12th to place your bids. If you are unable to bid online please contact Rachel Hoy at 515-954-8063 to make arrangements to place bids offline. Property is selling as-is where-is.

Home buyers NOTE. If you have never purchased a home at auction you will find it is a very easy experience. In the Terms and Conditions, it says "Bids are cash bids with no financing contingency". This DOES NOT MEAN you can not use bank financing, you absolutely can use bank financing to buy the home and we will work with your bank for the closing. It does mean that as you bid you are bidding as if you are paying cash for the property, you are guaranteeing that you will close and if you can not get the financing you will still be obligated to close. It is always smart to get pre-approved by a bank prior to bidding on the property. You will be required to pay the earnest deposit the day of the auction, we can not hold checks, they must be deposited into our Trust Account immediately. You should also know you are bidding on the property AS IS WHERE IS meaning you will responsible for any updates required to close the transaction. This will include the septic system. You will be financially responsible for all updates. You must satisfy yourself as to the condition of the home prior to bidding. There will be an Open House for the acreage on Saturday June 1st, from 4 pm - 6 pm at 1301 SE Poplar Street Leon, IA 50144. This will be THE ONLY opportunity to see the home. If you can not make it we can send you a video of the interior of the house. You may bring anybody with you that you wish to help you inspect the home from your parents to home inspectors, bring your real estate agent or other trusted advisor and we will accommodate your inspection in any reasonable way.

Agent Comments

Here's a nice big farmhouse acreage in southern, Iowa just south of Leon. Several bedrooms, a big kitchen, and the luxury of sitting on your front porch! There's also a great opportunity to earn income from producing hay on the rest of the 16 acres while having a gorgeous view of the countryside.

Sale Method

Timed Online Auction

Home Description

There will be an Open House for the acreage on Saturday June 1st, from 4 pm - 6 pm at 1301 SE Poplar Street Leon, IA 50144. This will be THE ONLY opportunity to see the home. If you can not make it we can send you a video of the interior of the house. You may bring advisors or inspectors with you to the open house.

  • Built in 1915
  • 1,062 sq. ft. 
  • 5 Bedroom, 1 Full Bath, 1 1/2 Story Frame (3 of the bedrooms are upstairs)
  • Nice Vinyl Siding
  • Newer hot water heater
  • Furnace
  • No central air 
  • City water and garbage
  • Septic system  
  • Residential Property Seller Disclosure Statement will be posted soon!

Other Improvements

  • Wood Shed 10x14
  • Poultry Shed 10x16
  • Wood Shed 10x12
  • Steel Bin 

Legal Description



Immediately upon closing


On or before July 12th, 2019

Soil Productivity

37.5 CSR2


$1,022 Annually

Earnest Money

5% due upon signing of purchase agreement

Terms and Conditions

You must satisfy us of your identity to be authorized to bid. Bidding increments are at the sole discretion of the Auctioneer who may accept or reject any bid. Immediately upon the conclusion of the auction the high bidder(s) will enter into a real estate contract and deposit with DreamDirt Farm and Ranch Real Estate LLC or other approved holding account the proper non-refundable earnest deposit. The Seller(s) will provide a current abstract or other title conveyance instrument at their own expense unless otherwise noted. The sale is not contingent upon buyer financing, all bids are cash bids. This sale is subject to all easements, covenants, leases, and restrictions of record. Buyers must do their due diligence prior to bidding. All bids are legally binding offers for real estate. All property is sold on an "As is – Where is" basis with no warranties or guarantees, expressed or implied, made by the Auctioneer or Seller unless specifically stated. You agree by bidding that you will enroll any CRP acres in your name upon gaining ownership or abide by continuing requirements of any government programs or conservation programs on the farm OR pay any necessary penalties should you choose not to. The seller reserves the right to accept or reject any and all bids. The successful bidder(s) acknowledges that they are representing themselves or have hired representation using their own financial means to complete the auction sales transaction. Any announcements made on auction day by the Auctioneer will take precedence over any previous material or oral statements. All announcements will be placed on our website and the top of the bidding page. The Auctioneer may accept absentee, phone or Internet bids from bidders who can not attend the auction or bid on behalf of the seller to advance toward any reserve until the reserve is achieved. Bidding remotely does not guarantee anonymity. All decisions of the Auctioneer are final.



Rachel Hoy, Farm & Land Specialist

Cell: (515) 954-8063


Tom Bradley, Land Broker l Auctioneer

Work: (855) 376-3478

Cell: (515) 202-7687


©2018 DreamDirt Farm and Ranch Real Estate. We have obtained all disseminated information from sources we have deemed to be reliable but do not warrant or guarantee any information. It is possible that information has been omitted or reported to us in error. All lines drawn on maps are approximate. All acreages are stated as more or less. Representatives of DreamDirt Farm and Ranch Real Estate LLC may offer opinions based on the best information available at the time using assumptions and estimates but this does not guarantee any performance financial or otherwise. It is imperative that you rely on professional advice from legal, tax, financial or other advisors to make any decisions based on your own investigation.